January 23rd, 2013
06:31 AM GMT
(CNN) – While thousands of global economic, political and civil leaders have paid tens of thousands of dollars to personally attend this year’s World Economic Forum in Davos, Switzerland, with an internet connection you can watch many sessions online and on-demand – with a click of a button and without breaking the bank.
Wednesday’s highlights include the following:
1. “The Global Financial Context”
The first session of this year’s World Economic Forum is not-to-be missed – if only for its all-star panel of global financial firm chiefs. Following a series of now well-known monetary stimulus policies spanning the U.S., Europe, Japan and China since the 2008 financial crisis, the limits of such policies will be discussed – as well as the remaining policies left at their disposal. Featured speakers include JPMorgan Chase CEO Jamie Dimon, UBS Chairman Axel Weber and IMF Deputy Managing Director Min Zhu.
2. “An Idea with Martin Sorrell”
The CEO of WPP, the world’s largest advertising agency, sits down with CNN’s own Richard Quest, anchor of Quest Means Business, to talk about where global growth might be found in 2013 – and how much money might be made for those who can invest.
3. “Three Scenarios for the Russian Federation”
Russian Prime Minister Dmitry Medvedev gives a special address in this session dedicated to the future of his country. The World Economic Forum says that Russia’s economy is at a crossroads and that three potential futures exist for the world’s largest oil producer, which just took the title from Saudi Arabia. Russia’s next steps will depend on how it handles its tremendous oil revenues, how – even if – it reforms its institutions and how it can maintain social cohesion. Will Russia become well-governed stewards of their natural resources? Will high oil prices enrich the middle class to the point they demand social reforms? WEF produced this video that sets up today’s discussion.
4. “China in 2020: Vision Meets Reality”
This first WEF panel focusing solely on China looks at how the government of the world’s most populous country can best reform its economic policies in order to jumpstart its economy, slow environmental degradation and tamp down social unrest. Featured speakers include the CEO of China Merchants Bank Ma Weihua, Global CEO Boston Consulting Group Rich Lesser and Senior Vice-President of the Central Party School of China’s Communist Party Li Jingtian. Editor-in-Chief of Caixin Media, Hu Shuli, moderates.
5. “Open Forum: Unemployed or Unemployable?”
The WEF estimates that 75 million youth around the world are unemployed and that 600 million new jobs need to be created over the next ten years to keep social cohesion. In Greece and Spain for example, general unemployment is at an all-time high while one out of every two young workers is jobless. In the United States one out of about five youths were unemployed in the first quarter of 2012 while more than one in four youths in the Middle East and North Africa – hotbeds of social unrest over the last few years – were jobless. This last session of the day looks to find the root of the problem – from national education systems, to wayward economic policies and to the unemployed themselves. Featured panelists include the Director-General of the International Labor Organization Guy Ryder, CEO of Education For Employment Jamie McAuliffe and General Secretary of the International Trade Union Confederation.
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